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vazorg [7]
3 years ago
15

Stan wants to start an IRA that will have $250,000 in it when he retires in 25 years. How much should he invest semiannually in

his IRA to do this if the interest is 6% compounded semiannually? Assume an Annuity Due. Round to the nearest cent.
Mathematics
1 answer:
tester [92]3 years ago
5 0

Answer:

10000

Step-by-step explanation:

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<span>61,000000 would be your answer.</span>
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